I own an 05 honda civic, with 4 years left to pay, $9000.00, i was wondering if , with poor credit, could i?

You probably owe more then it's worth. Continue to pay what you're paying until you owe about what the trade in is.

Go to :

http://nada.com/

or

http://www.kbb.com/

to find the value of your vehicle.

Also, continuing to pay will help your credit, just make sure it's on time every month.

You could also think about refinancing, that way, you'll still have a loan on your vehicle, but you could stretch the term out so that you'll have a lower monthly payment...

Good Luck.

1. Get educated about your car. Get the make/model/years/options for the vehicle and go to Kelly Blue Book's website and find the value of the car. When you go to a dealer, you're going to get less for the vehicle because they usually offer you a value somewhere between wholesale and "Trade-In" value.

2. Know EXACTLY where you stand with your credit. I use a site called True Credit. It's operated by Transunion, which is one of the major credit reporting bureaus. This service is about $15 a month, but you can order just a single or triple credit report from them with a score. This is a good bargaining tool when you go into the dealership. If you don't know what your credit score / report is like, you won't be exactly sure if they're screwing you or not. Find this out BEFORE you begin dealing with a dealership.

3. Consider paying as much as you can for a few months to bring the payoff amount on the loan down and sell it locally to gain some capital back. You're always going to make more money when you sell the car to a person rather than a dealer, but it takes more time and resources.

4. I researched a 2005 Honda Civic EX Coupe on the internet for you, and I just left standard options selected, placed it in "Fair" condition and listed the mileage as 55000 (just to get an idea of where you stand) and Kelly Blue book came back with a value around $10000. If this is anything like the state of your car, then you should be okay.

5. Be very careful when trading a vehicle in. They want to pay you the LEAST amount they can to get the vehicle from you and they'll use all types of selling strategies to make you feel like you're car isn't worth anything. It's nothing person, they just want to profit from your vehicle.

Oh, and do NOT go in talking about your credit and talking about payments you want. DON'T GIVE THEM ANY OF THAT INFORMATION! They'll make it happen, no matter what. They can get you any car payment you want, but the problem being, they'll extend a terrible loan out 25 years if they have too (exaggeration) to meet a $100 a month payment. Do the math yourself, or go see a banker. They're less biased.

Whew.. okay.. I'm done. Hope this helps.

It will never happen. If you still owe $9000 and have bad credit,trust me it is impossible to get out of that vehicle and in to one for $100/month. That $9000 is considered to be negative equity and it would be added to the price of whatever vehicle you would try to buy. Even if you find a car for say $3000 and they give you $3000 for your trade you are still upside down in the amount of $6000 and that would get added to the car you want and you would be back to $9000. By the time sales tax and interest were figured into that payment you would be right back were you started.

Also,a bank or other finance agency is not going to take a loss on your '05 to try and get you into something cheaper. Your best bet is to see if any dealerships in your area are offering to pay off your current vehicle NO MATTER what you owe.This can sometimes work but there are usually restrictions to people with bad credit. I did something along these line a few years ago when I owed $14500 on my truck and a small used car lot was advertising that we will pay off your 4x4 pickup truck no matter what you owe. When i got there they only wanted to give me $10000 but when I told the manager i would sue them for false advertisement they payed it off and i got out of that payment of $438/ month and into a 2 yr newer monte carlo and lowered my payment to $295/mo. and didn't put a single cent down.

I used to sale cars a while back and trust me these cold hearted S.O.B's don't give a damn about you or your situation all they want is your money and once they hammer someone into buying a car they don't care whether or not you can afford it. Believe me i feel your pain. My wife and I are just starting to get our credit back in order after going through a tough stretch a few years back.

GOOD LUCK

can try, sometime they won't give what it is worth, were your short dress and they might not car what car you brought in...